In the first six months of 2013, North American investors made a strong showing in the European retail property market, according to CBRE. Sales were up 17 per cent over the same period last year, for a total of €15 billion. North American investors... Read More
A law firm which specializes in commercial property law and litigation has been praised in a national guide for its "outstandingly good all round" service. Cumbrian-based Burnetts, which has offices in Carlisle, Newcastle and Penrith, is top of the... Read More
The state owned Industrial and Commercial Bank of China (ICBC) is poised to invest in Manchester’s Airport City development, the FT reveals. The deal is expected to be signed when Chancellor George Osborne visits Beijing this month following a thaw in... Read More
After sluggish growth in 2012, bank credit to the Indian commercial property sector increased in 2013. Credit rose by 11.5 per cent in comparison to the overall credit growth of 14.3 per cent. The Reserve Bank of India (RBI) has released data... Read More
Take up of office space outside London is at its highest level for five years. The latest figures show that 1.6 million sq ft was let in the first six months of 2013 as renewed confidence encouraged businesses to seek larger premises. This has attracted... Read More
A group of Labour MPs want the £8.6 billion Crown Estate to be turned into a Sovereign Wealth Fund. They will make the call at the Co-operative Party’s annual conference which begins tomorrow in Edinburgh. The Crown Estate, which dates back to 1760,... Read More
Work has finally begun on a new project which will address the shortage of Grade A office space in Bristol. The 60,000 sq ft scheme marks the return of speculative development to the city, demonstrating confidence in the local economy and the prospects for... Read More
But the market is bouncing back says report Irish commercial property prices have dropped by over two-thirds since reaching their peak and are now at 1983 levels, according to a report released by Goodbody Stockbrokers. Dublin Docklands The country is... Read More
Domestic property investors are turning towards the regions as overseas money continues to dominate the London Market, according to Knight Frank. The news follows a series of reports suggesting that the improving economy is stimulating demand and the boom in... Read More
Wall Street banks will soon be faced with an increase in demand from borrowers seeking commercial property loans in the wake of the Federal Reserve's announcement to maintain its current pace of stimulus measures, according to JPMorgan. Interest rates... Read More